Party City to close all of its stores, report says
Party City on Friday announced it will close all of its stores and has initiated corporate layoffs effective immediately, according...
Economy
CFPB sues America’s largest banks for ‘allowing fraud to fester’ on Zelle
The Consumer Financial Protection Bureau is suing America’s three largest banks, accusing the institutions of failing to protect customers from...
OpenAI is done with Shipmas and staring down daunting challenges for 2025
OpenAI’s “12 Days of Shipmas,” which wrapped up on Friday, brought a sense of levity to end the year. The...
Starbucks union announces strike to last through Christmas Eve in 3 major cities
Love Starbucks holiday drinks? This week, you may not get them. Starbucks Workers United announced baristas will strike starting Friday...
Trump transfers all his DJT shares to his revocable trust, SEC filings show
President-elect Donald Trump this week transferred his entire stake of shares in Trump Media to a revocable trust of which he is the sole beneficiary, regulatory filings revealed...
Big Lots initiates going-out-of-business sales at remaining locations
Troubled discount furniture and home decor retailer Big Lots will initiate going-out-business sales at its remaining locations after a deal...
How Trump could spare Biden’s renewable energy credits and still cripple his landmark climate bill
The fate of President Joe Biden’s landmark climate legislation, the Inflation Reduction Act, is in the hands of the incoming Republican-controlled...
Malls are using new restaurants to draw consumers as shopping centers reinvent themselves
Malls used to be the destination for the buzziest stores. Now they’re home to the hottest restaurants. The slow death...
How Vuori reached a $5.5 billion valuation by taking share from Lululemon
When athleisure brand Vuori launched in 2015, it was headquartered in a garage, sold only men’s shorts and couldn’t get...
Grubhub to pay $25M to settle charges that it misled diners and drivers about costs and pay
Grubhub will pay $25 million to settle charges it misled customers about the cost of their delivery and drivers about...
